Pakistan is planning to sell its steel mills that have been shut since 2015 early next year after encouraging response from companies including Chinese and a Russian company, said its privatization minister.
The sale process has been revived after the government carved out the core business into a separate subsidiary which has no loans, employees and substantial liabilities, Muhammad Mian Soomro, Minister for Privatization said in an interview. Differences between the federal and provincial government, a major stumbling block in the past, have also been resolved. The land will be given in a lease as part of the transaction.
"Shut" - Google News
October 01, 2021 at 05:13PM
https://ift.tt/3D6bIQO
Pakistan to Sell Shut Steel Mill That Costs $100 Million A Year - Bloomberg
"Shut" - Google News
https://ift.tt/3d35Me0
https://ift.tt/2WkO13c
Bagikan Berita Ini
0 Response to "Pakistan to Sell Shut Steel Mill That Costs $100 Million A Year - Bloomberg"
Post a Comment